Hyundai Santa Fe insurance cost image courtesy of QuoteInspector.com
Buying economical insurance for a Hyundai Santa Fe relies on a lot of rating criteria such as age of the driver, the size of your vehicle, and any prior driving offenses. Texas drivers will pay around $1,137 each year to insure their Santa Fe, but that cost is an estimate using a 40-year-old married female driver with full comprehensive and collision coverage and $250 deductibles.
When projecting a rate like this, the problem is that you're not a 40-year-old female, maybe you are single instead of married, or maybe you need higher liability limits than the state minimum. Have just a small change in the criteria used to calculate rates may result in a big change in the policy cost.
This demonstrates why the best way to find affordable rates for your Hyundai is to compare as many rates as you can. It takes less than five minutes and you will receive rate quotes from some of the best insurers in Texas.
Your Hyundai's trim level will influence the cost of coverage, so the price to insure a Santa Fe GLS 2WD model will cost $152 less than the cost to insure the high end Santa Fe Limited 4WD version, as shown below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Santa Fe GLS 2WD||$220||$486||$400||$24||$120||$1,250||$104|
|Santa Fe GLS 4WD||$254||$486||$400||$24||$120||$1,284||$107|
|Santa Fe SE 2WD||$254||$486||$400||$24||$120||$1,284||$107|
|Santa Fe Limited 2WD||$254||$572||$400||$24||$120||$1,370||$114|
|Santa Fe SE 4WD||$254||$572||$400||$24||$120||$1,370||$114|
|Santa Fe Limited 4WD||$286||$572||$400||$24||$120||$1,402||$117|
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Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Premium amounts do not factor in specific location which can change insurance rates noticeably.
Buying low-priced auto insurance is tough enough, and determining which company quotes the best insurance rates for a Hyundai Santa Fe will involve a bit more work. Each insurance company has a proprietary method to set policy rates, so we'll go over the insurance companies with the overall cheapest rates in Lubbock.
Keep in mind that Lubbock, TX insurance rates are influenced by many factors that can increase the price you have to pay. Price variation is why consumers need to take the time to compare as many rates as possible to find the lowest insurance quotes for a Hyundai Santa Fe. Rates are determined by many different factors and can increase or decrease at any time, so the most economical company six months ago may now be one of the more expensive options.
Find the Best Cheap Insurance for Your Hyundai
Travelers may have some of the cheapest car insurance rates in Lubbock at around $1,021 annually. USAA, Texas Farm Bureau, Germania Mutual, and California Casualty would also be considered some of the most economical Lubbock, TX insurance companies.
As the rates illustrate above, if you are insured with Germania Mutual and switched to USAA, you could realize an annual premium reduction of approximately $127. Policyholders with California Casualty might save as much as $265 a year, and Esurance policyholders might lower prices by $304 a year.
To compare your rates to other Texas insurance companies, click here to start your custom quote or visit any of the companies below.
It's important to note that these estimates are averaged across all drivers and vehicles and and are not figured with a vehicle location for a Hyundai Santa Fe. So the insurer that can offer the best rates for your situation may not even be in the top 23 companies in the list above. That underscores the importance of why you need to compare rates from as many companies as possible using your own personalized driver profile and vehicle information.
Impact of careless driving on Lubbock insurance rates
The best way to obtain the most affordable insurance prices in Lubbock for a Santa Fe is to drive attentively and avoid tickets and accidents. The example below demonstrates how traffic citations and at-fault fender-benders influence annual premium costs for different age groups. The premiums assume a married female driver, full physical damage coverage, $100 deductibles, and no other discounts are factored in.
The data above shows the average cost of a car insurance policy in Lubbock per year with no accidents or violations is $1,948. Add in one speeding ticket and the average cost surges to $2,268, an increase of $320 each year. Then include one accident along with the one speeding ticket and the 12-month cost of insurance for a Hyundai Santa Fe jumps again to an average of $3,186. That's an increase of $1,238, or $103 per month, just for being a less-than-perfect driver!
Discounts on Lubbock auto insurance rates
Auto insurance companies that provide policies for a Hyundai Santa Fe may also offer rate discounts that could potentially reduce rates by 40% or more if you meet specific criteria. Larger insurance companies and a selection of discounts can be read below.
- GEICO may offer discounts for federal employee, seat belt use, anti-theft, multi-vehicle, membership and employees, emergency military deployment, and defensive driver.
- USAA offers discounts including loyalty savings, multi-vehicle, driver training, family discount, annual mileage, defensive driver, and new vehicle.
- Progressive may include discounts for continuous coverage, multi-policy, homeowner, online quote discount, and good student.
- American Family has discounts for TimeAway discount, defensive driver, bundled insurance, accident-free, and mySafetyValet.
- Esurance includes discounts for homeowner, anti-theft, online shopper, defensive driver, and emergency road assistance.
- Farmers Insurance policyholders can earn discounts including switch companies, multi-car, mature driver, bundle discounts, alternative fuel, and business and professional.
- State Farm offers premium reductions for anti-theft, multiple autos, safe vehicle, accident-free, Steer Clear safe driver discount, and passive restraint.
The chart below shows the comparison of car insurance rates with and without discounts applied to the premium. The premium estimates are based on a female driver, no violations or claims, Texas state minimum liability limits, comprehensive and collision coverage, and $500 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with multiple policy, claim-free, vehicle safety, defensive driving course, passive restraint, and accident-free discounts applied. When discounts are factored in, the average amount saved each year on insurance for a Hyundai Santa Fe is 28% or $563.
The insurance agents in Lubbock listed below can probably provide answers to your questions and help you determine which auto insurance policy would work best for you, as many people would rather have a professional recommendation when comparing insurance rates for a Santa Fe. It's not always simple to find coverage yourself, so agents can give you satisfaction knowing your policy gives you suitable coverage if you ever need to use it. To locate a Lubbock car insurance agency nearest to you, click the link at the bottom or click here to compare rates now.
- Holmes/Bednarz Insurance Agency
5717 66th St #110 - Lubbock, TX 79424 - (806) 748-5453
- Allstate Insurance Agent: Marvin Grimes
6102 82nd St Unit 3b - Lubbock, TX 79424 - (806) 797-2607
- Allstate Insurance Agent: Russell Donaway
2321 50th St Ste C - Lubbock, TX 79412 - (806) 799-4600
- Sims-Perrin Insurance
3302 34th St - Lubbock, TX 79410 - (806) 795-4301
- Keith Potts - State Farm Insurance Agent
6110 Frankford Ave A - Lubbock, TX 79424 - (806) 794-5084
How to find economical car insurance for a Hyundai Santa Fe
Below you'll find some of the recommended money-saving suggestions that can help Texas drivers locate more affordable car insurance.
- Better credit rating means better rates
- If your vehicles are older, consider dropping full coverage
- Avoid preventable accidents
- Vehicles with good safety ratings have lower liability rates
- Bundle home or renters insurance to earn a discount on car insurance
- Compare rates regularly to ensure the best deal
That final tip is certainly valuable, as we stressed in the prior information. Coverage rates in Lubbock can change significantly in a year, so drivers shouldn't hesitate to buy from a new company if you find a cheaper price. Staying with the same company for years is fine, but it isn't a good idea if that inflexibility results in costing you hundreds of dollars year after year. If you have a few minutes, compare prices and find cheaper car insurance for a Hyundai Santa Fe.